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Check Out 3 High-Yielding Dividend Stocks In Industrials Sector From Wall Street's Most Accurate Analysts

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Check Out 3 High-Yielding Dividend Stocks In Industrials Sector From Wall Street's Most Accurate Analysts

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.

Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Here's a look at the most recent high-yield dividend stock ratings from the most accurate Wall Street analysts, according to Benzinga's Analyst Stock Ratings.

Below are the ratings of the most accurate analysts for three high-yielding stocks in the industrials sector.

Genco Shipping & Trading Limited (NYSE: GNK)

  • Dividend Yield: 12.80%
  • B. Riley Securities analyst Laim Burke maintained a Buy rating and cut the price target from $31 to $27 on Oct. 10, 2022. This analyst has an accuracy rate of 68%.
  • Stifel analyst Benjamin Nolan initiated coverage on the stock with a Buy rating and a price target of $20 on Sept. 30, 2022. This analyst has an accuracy rate of 71%.
  • Recent News: Genco Shipping & Trading reported better-than-expected quarterly results.

Trinity Industries, Inc. (NYSE: TRN)

  • Dividend Yield: 4.48%
  • Wells Fargo analyst Allison Poliniak Cusic maintained an Overweight rating and cut the price target from $34 to $30 on Feb. 22, 2023. This analyst has an accuracy rate of 68%.
  • Stephens & Co. analyst Justin Long maintained an Equal-Weight rating and cut the price target from $28 to $26 on Feb. 22, 2023. This analyst has an accuracy rate of 64%.
  • Recent News: Trinity Industries acquired RSI Logistics for $70 million.

MSC Industrial Direct Co., Inc. (NYSE: MSM)

  • Dividend Yield: 3.91%
  • Jefferies analyst Stephen Volkmann assumed a Hold rating with a price target of $84 on Oct. 17, 2022. This analyst has an accuracy rate of 70%.
  • Keybanc analyst Steve Barger maintained an Overweight rating and slashed the price target from $100 to $93 on Oct. 14, 2022. This analyst has an accuracy rate of 75%.
  • Recent News: MSC Industrial recently confirmed the receipt of proposal from controlling shareholders to exchange high-vote stock and eliminate dual-class share structure.

Read More: Around $32M Bet On Southwest Gas? Check Out These 3 Stocks Insiders Are Buying

 

Related Articles (GNK + MSM)

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